Best Broker for day trading depends on different types of factors like Low Fees, Advanced Trading Platform, Access to Market Data, Margin trading Facility, Customer Support. “Day Trading” is the most famous trading Segment. Intraday Day Trading or Day Trading is buying and selling the shares on the same day. 

The best broker for day trading in India Choose Best Broker of “Day Trading” which you can open your Demat and Trading Account. Stockbrokers have some Qualities like agility, Analytical abilities intraday trends, which is help in Day Trading. 

Day Trading Broker Qualities:

1.  Higher Exposure – You can trade larger positions with minimum Capital, maximizing your profits in a DAY TRADING., 

2.  Trading Platform – Trading Platform used by traders to execute the trades and analysis markets and manage their accounts. 

3.  Low Brokerage – Low Brokerage refers to minimum fees and price by a broker for executing trades. DAY TRADERS aiming to maximize their Profits by minimizing costs. 

4.  Research Reports – Research reports provide valuable analysis on market trends and day traders in making trading decisions. 

5.  Customer Services- Customer services timely assistance and support, for inquiries and resolving issues, overall trading experience for Day Traders. 

Best Broker of Day Trading 

1.  Zerodha  

 Open your Free Account with Zerodha

2.  Alice Blue

Open your Free Account with Alice Blue

3.  Angel One

Open your Free Account with Angel One

4.  Upstox

Open your Free Account with Upstox

5  Stoxkart

Open your Free Account with Stoxkart

Day Trading Pros and Cons 

Pros 

1.  Broker Provides Higher Margin for Day Trading.

2.  Quick Returns in Day Trading, traders allow to realize profits Quickly. 

3.  High Profits in Day Trading offers the potential for profits due to the high volatility of intraday price. 

4.  Advance order types like Bracket Order, Cover Order, by Automating Stop- Loss and Profit taking. 

5.  Day Trading all trades Settled in same Day trading. 

Cons

1.  Day Trading is a high-risk loss due to the intraday price movement. 

2.  Day Trading is not generally recommended for beginners due to high risk.

3.  High Transaction Cost in buying and selling of stock in a Day Trading can result in high cost. 

Also Read -  Best Trading App in India with Low Brokerage